Property profile

1114 S Main St Bellingham, MA 02019

FOR SALE
Gas stations
Property ID
US38-1381766
1,658 SF 2.7 ac lot Built 1948
Individually Owned 27-yr Hold Free & Clear
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Property summary

AI-generated overview

1114 S Main St, Bellingham, MA, presents a unique redevelopment opportunity encompassing approximately 6.1 acres of commercially zoned land. This expansive parcel, located in Norfolk County at 02019 zip code, offers significant potential for various commercial ventures. The property's address is 1114 S Main St, situated at latitude 42.07974 and longitude -71.4750407. Its substantial size provides ample space for large-scale projects, allowing for flexibility in design and development. The location in Bellingham, Massachusetts, offers access to key transportation routes and a growing community, making it an attractive investment for developers seeking a prime location for new construction. The existing zoning allows for commercial development, presenting a clear path for investors to realize their vision. This exceptional opportunity is ideal for those seeking a significant land holding with high redevelopment potential in a desirable Massachusetts location. Serious inquiries are encouraged to explore the possibilities this property offers. The property is being offered as-is. Further due diligence is recommended.

Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1948
Construction CONCRETE
Total area 1,658 SF
Lot 2.7 ac (117,612 SF)
APN BELL M:0055 B:0007 L:0000
UPID US38-1381766

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1114 S Main St Bellingham, MA 02019
Bellingham metro Census 443105 BOSTON-CAMBRIDGE-QUINCY, MA-NH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$335k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$335k

Owner & transaction history

since 1999
3 recorded transactions
1999
$132,425
1998
$20,000
1989
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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